EDWARDS

Operated by HERRING, RAY (P-5 380295) in the RED TOP (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 82420District 09Field 75380500CondensateGasSaveExport
Value, all time
$18 k
Jan 1993 – Sep 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
213
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 6 leases and 7 wells, and the rule below applies to all of them.

Discovered
1979-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
990 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: ONE WELL FIELD EFF. 7/1/96

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition154 bbl$2,930
GasProduction23,441 Mcf$14,672
Total$17,602

17,309 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.9796, -98.6264. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.97962, -98.62641 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
4,630 ft
1 wells filed one
Completion to plug
31.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 4,630 ft.

Completions filed
Mar 1979
1 of 1 wells
Plug dates filed
Sep 2010
1 of 1 wells

Last completion to plug: a median of 31.5 years across the 1 well that filed both dates, with the middle half between 31.5 years and 31.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5033068314,630 ftMar 1979Sep 2010Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (213)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

213 months

Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 200151025.524.31$1,302
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990215.102.21$4
Mar 19990212.471.84$4
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 199801769.201.77$312
Nov 1998023910.892.19$522
Oct 1998025812.421.97$508
Sep 1998024812.592.08$516
Aug 1998019811.301.91$378
Jul 1998026811.742.24$600
Jun 1998021111.242.24$472
May 1998025012.622.21$552
Apr 1998025213.042.51$631
Mar 1998028312.802.31$654
Feb 1998032213.952.30$740
Jan 1998028114.702.15$606
Dec 1997012916.322.41$311
Nov 1997031018.193.09$957
Oct 1997032219.253.15$1,014
Sep 1997026117.742.95$771
Aug 1997324817.862.55$687
Jul 1997034417.582.25$773
Jun 1997024617.242.26$555
May 1997027918.972.31$644
Apr 1997025917.882.08$539
Mar 1997021918.951.94$425
Feb 1997023220.492.21$512
Jan 1997029323.483.54$1,037
Dec 1996028523.32$0
Nov 1996026721.97$0
Oct 1996032723.31$0
Sep 1996029622.22$0
Aug 1996039120.26$0
Jul 1996032619.55$0
Jun 1996026318.73$0
May 1996025019.43$0
Apr 1996028621.51$0
Mar 1996034619.38$0
Feb 1996027416.98$0
Jan 1996028417.07$0
Dec 1995037817.19$0
Nov 1995036716.00$0
Oct 1995031415.43$0
Sep 1995023316.18$0
Aug 1995028615.92$0
Jul 1995034715.24$0
Jun 1995037616.41$0
May 1995038217.56$0
Apr 1995036517.73$0
Mar 1995038116.44$0
Feb 1995035316.58$0
Jan 1995038215.92$0
Dec 1994023815.03$0
Nov 1994038215.90$0
Oct 1994039115.58$0
Sep 1994040815.29$0
Aug 1994043916.13$0
Jul 1994036617.56$0
Jun 1994047017.09$0
May 1994040115.88$0
Apr 1994442914.14$57
Mar 1994042712.46$0
Feb 1994038712.50$0
Jan 1994145412.66$13
Dec 1993045512.33$0
Nov 1993045514.49$0
Oct 19939547615.85$1,506
Sep 1993022215.03$0
Aug 1993016715.66$0
Jul 1993046115.46$0
Jun 1993043816.79$0
May 1993045217.68$0
Apr 1993043318.05$0
Mar 1993037218.14$0
Feb 1993039317.90$0
Jan 1993043416.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2001 — as filed, then multipliedworked
Condensate            51 bbl  × $ 25.52 =     $1,302
Gas                    0 Mcf  × $  4.31 =         $0

────────────────────────────────────────────────────
Month total                                   $1,302

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/G/82420 is the state's own key, not one this site invented.